Climate Change Data

AEB SE

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:1606 tCO2e (2019); 3956 tCO2e (2021); 2022 data pending
Scope 1 Emissions:484 tCO2e (2019); 1032 tCO2e (2021)
Scope 2 Emissions:56 tCO2e (2019); 181 tCO2e (2021)
Scope 3 Emissions:1066 tCO2e (2019); 2749 tCO2e (2021)
Renewable Energy Share:100% at German offices (excluding heating in rented offices); partial solar power at Stuttgart HQ
Total Energy Consumption:51,934 kWh (rented offices in Germany); 1,126,871 kWh (Stuttgart HQ)
Water Consumption:2,821 m3 (Stuttgart HQ)
Waste Generated:approximately 80 kg e-waste; 269.65 metric tons other waste (Stuttgart HQ)
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Action
  • Quality Education
  • Gender Equality
  • Decent Work and Economic Growth
  • Reduced Inequalities
  • Responsible Consumption and Production
  • Peace, Justice, and Strong Institutions
  • Partnerships for the Goals

Environmental Achievements

  • Reduced waste volume to approximately 80 kg at Stuttgart HQ.
  • Implemented measures to significantly reduce food waste in the cafeteria.
  • Eliminated 40 workstations at Stuttgart HQ, reducing land use.
  • Achieved climate neutrality through offsets (interim goal).
  • Switched to green electricity at all German offices and most international sites.
  • Implemented energy-saving measures, separating heating and hot water generation.

Social Achievements

  • Revised three company agreements on working hours and compensation.
  • Established a new company agreement on inflation compensation payments.
  • Provided free flu vaccination and a Health Day with mini-medical checks.
  • Improved ergonomics by adjusting processes and acquiring ergonomic accessories.
  • Launched "Practice Responsibility" internal training and regular onboarding weeks for new employees.

Governance Achievements

  • Introduced a whistleblower system.
  • Launched a Compliance Risk Assessment.
  • Revised the Code of Conduct.
  • Expanded purchasing guidelines to include human rights.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Develop a net zero strategy beyond 2024.
Short-term Goals:
  • Reduce emissions by 25% by 2024 (25till24 project).

Environmental Challenges

  • Inconsistent methodologies in carbon footprint calculations between 2019 and 2021.
  • Difficulty in comparing salaries due to the diverse roles and responsibilities of employees.
  • Meeting disabled employee quotas (currently paying equalization fee).
  • Indirect contribution to potentially poor working conditions in the logistics industry.
Mitigation Strategies
  • Redesigning Scope 3 calculation for 2022 and building in-house emissions reporting.
  • Introducing employee self-assessment for salary development.
  • Establishing partnerships with specialized educational institutions to recruit employees with disabilities.
  • Further examining the working conditions in the logistics industry and their indirect impact.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Screening business partnerships against global sanctions lists; adding human rights violations screening to purchasing guidelines.

Climate-Related Risks & Opportunities

Physical Risks
  • Increased heavy rain events and heat waves; potential threats to coastal locations.
Transition Risks
  • Regulatory changes; market shifts.
Opportunities
  • Development of energy-efficient products; growth in demand for sustainability reporting solutions.

Reporting Standards

Frameworks Used: GHG Protocol

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 4
  • SDG 5
  • SDG 8
  • SDG 10
  • SDG 12
  • SDG 13
  • SDG 16
  • SDG 17

Various initiatives contribute to these goals, as detailed throughout the report.

Sustainable Products & Innovation

  • MVP for reporting transportation emissions.